examples of native non-western cultures that have been impacted by globalization are South Korea and China. Circumstances Before and After Event Prior to globalization South Korea has a GDP per captita of about one-third of nearby developed Asian economies such as Singapore, Hong Kong, and Japan. South Korea is a historical recipient of official development assistance (ODA) from organization for economic co-operation and development (OECD). After globalization the country’s GDP has increased from $88
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Journal of Economic Literature 2011, 49:4, 1076–1151 http:www.aeaweb.org/articles.php?doi=10.1257/jel.49.4.1076 The Fundamental Institutions of China’s Reforms and Development Chenggang Xu* China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve the “China puzzle,” this paper analyzes China’s institution—a regionally decentralized authoritarian
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CMNS 445- CHINA Marta Gallegos: marta.gallegos90@gmail.com 778 875 8564 Contents WEEK 1- Introduction 2 Themes in the Course 2 Week 2- Theoretical Approaches to Media, Culture and Chinese Society 3 Outline of Class 3 State and Market Framework 4 Negotiable State market Framework 4 Political Economy Approach 5 Presentation 5 WEEK 3- Media Systems and the Party State (Mao-Reform Era) 6 Anti-capitalistic and anti-imperialistic revolution (1921-1949) 6 Legitimacy 7 Maoist Socialist
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Zedong in 1976, it became apparent to many of China's leaders that Economic reform was necessary. By 1978 " Chinese leaders were searching for a solution to serious economic problems produced by Hua Guofeng, the man who had succeeded Mao Zedong as CCP leader after Mao's death" (Shirk 35). As Susan L. Shirk describes the situation in The Political Logic of Economic Reform in China, restoring the CCP's prestige required improving economic performance and raising living standards. After the communist take
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China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new economic superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades. Extrapolating past real GDP growth rates into the future, the size of the Chinese economy surpasses that of the U.S. in
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ECON3007 Economic Policy Analysis Topic: Institutions and Economic Reforms Wendy Carlin This topic focuses on the role of institutions in economic growth and the implications of this for the design of economic reforms. We examine why some large-scale economic reforms have been surprisingly successful and others have been disappointing. It will be argued that the consistency between existing institutions in the economy and the reforms is an important factor in determining reform success. We
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Economic growth is measured in terms of an increase in the size of a nation's economy. A broad measure of an economy's size is its output. The most widely-used measure of economic output is the Gross Domestic Product (abbreviated GDP). GDP generally is defined as the market value of the goods and services produced by a country. One way to calculate a nation's GDP is to sum all expenditures in the country. This method is known as the expenditure approach and is described below. Alternative Approaches
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The rapid growth of Chinas economy over the past four decades has been greeted with largely unquestioned assumptions that increasing affluence would lead to a happier, wealthier more equitable society. Have the benefits of Chinas economy growth been distributed equitably and what are the social implications of this modernization process? Despite its remarkable economic growth which has been consistently high for a prolonged period of time, it has been unable to distribute the benefits of this growth
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Authoritarianism Authoritarianism is a form of social organization characterized by submission to authority. It is usually opposed to individualism and democracy. In politics, an authoritarian government is one in which political authority is concentrated in a small group of politician. Characteristics Authoritarianism is characterized by highly concentrated and centralized power maintained by political repression and the exclusion of potential challengers. It uses political parties and mass
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very wide contexts such as countries (e.g. China, India, UK), regions (e.g. the Arab Countries) or even continents (e.g. Africa). Such studies in Information Systems (IS) are not only unrealistic and potentially unfeasible, but may result in findings that are neither significant nor meaningful. Research supervisors often face difficulties in explaining and resolving these common pitfalls in research proposals. This paper proposes the use of Political, Economic, Social and Technological (PEST, also often
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